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Rivehall Avenue, Welton, Lincoln, LN2 - Image 1
Rivehall Avenue, Welton, Lincoln, LN2 - Image 2
Rivehall Avenue, Welton, Lincoln, LN2 - Image 3
Rivehall Avenue, Welton, Lincoln, LN2 - Image 4
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Rivehall Avenue, Welton, Lincoln, LN2

East Midlands

£200,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
692 sqft

Description

This three-bedroom detached bungalow, located in the desirable village of Welton, offers a promising canvas for those interested in transforming a property into their dream home. With no onward chain, this residence requires renovation throughout but provides an excellent opportunity to infuse personal style and modern amenities into a well-located structure. The layout features an entrance hallway leading to a generous living and dining area, kitchen, bathroom, and three bedrooms, all awaiting a fresh vision. Outside, the property boasts front and rear gardens along with off-road parking facilitated by a driveway that leads to a standalone garage. Welton is known for its community spirit and rich local amenities, including reputable schools, shops, healthcare facilities, leisure options like a golf club and social clubs, as well as convenient public transport links to Lincoln city centre. This property is ideally suited for buyers looking to invest in an area that benefits from both quiet village life and proximity to urban conveniences.

Investment Analysis

(LN2 area)

Above Market Value

This property is priced +15.1% above area average per sq ft

+15.1%
This Property
£289/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£191,137
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -5.7%
5 year growth: +2.8%
Investment Disclaimer: Analysis based on LN2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Rivehall Avenue, Welton, Lincoln, LN2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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